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Radio World Newsbytes
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Business
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| SBS Expands Into Film |
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| 3.21.2008 |
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Spanish Broadcast System this week announced the incorporation of a wholly owned film subsidiary called Megafilms.
It will produce Spanish-language filmed content “including full-length features, miniseries, telenovelas, documentaries and other forms of filmed entertainment for domestic and international distribution, including theatrical release, broadcast syndication and DVD commercialization.”
President/CEO Raúl Alarcón called the company’s entry into film “a natural follow-up to our 2006 debut of MegaTV and our successful efforts in the production of original programming for our network.”
The company is already building a five-acre high-definition media production facility in Miami.
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